I mean, first of all, it’s just people making up their own rules as they go along. There’s hardly anyone who has signed up for any consensus in the BRC-20 standard. And secondly, since anyone can create any unique ticker symbol, and none of them have any actual unique utility, there’s really no scarcity whatsoever. The whole idea is completely idiotic.
It is a test of letting idiots destroy themselves without intervening to try to stop them. The stupidity benefits miners who earn the higher fees caused by the stupidity but it also hurts ordinary users who must now pay higher fees due to this.
TomerStrolight / Tomer Strolight
npub1mz…5tl8g
2023-05-02 14:44:48
in reply to nevent1q…q68v
Author Public Key
npub1mz704n7dsaw3jcj3kr5le45n97tqughyt5lxe3yv3xy3025hv3dsp5tl8gPublished at
2023-05-02 14:44:48Event JSON
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"pubkey": "d8bcfacfcd875d196251b0e9fcd6932f960e22e45d3e6cc48c898917aa97645b",
"created_at": 1683031488,
"kind": 1,
"tags": [
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"content": "I mean, first of all, it’s just people making up their own rules as they go along. There’s hardly anyone who has signed up for any consensus in the BRC-20 standard. And secondly, since anyone can create any unique ticker symbol, and none of them have any actual unique utility, there’s really no scarcity whatsoever. The whole idea is completely idiotic. \n\nIt is a test of letting idiots destroy themselves without intervening to try to stop them. The stupidity benefits miners who earn the higher fees caused by the stupidity but it also hurts ordinary users who must now pay higher fees due to this. ",
"sig": "e9069c7ee1821dc7d5baf69b89903f675b8b1e01ee38c245e15a5f6ed9c5dd9431f5607e791d1d8b5a64b2ee33c751f565e42ad4844f2f70dcb4eebe6c15a154"
}